Commonwealth Games Trade Legacies for Gold Coast

Description

While the Commonwealth Games wrap up tonight, organises say they are confident the city will reap the benefits for years to come. The State has paid $1.5b to bring the Commonwealth Games to the Gold Coast. It says there are lasting benefits. The light rail system has been extended and the Athlete's Village will now be transformed into health and knowledge hub, featuring one of the world's most advance 3D printers. Others say the money could've been better spent. Dr Tom Heenan, Monash University, claims the State will not be able to recover the money it spent. There are also hopes a parallel trade and investment program will see relationships forged and business deals sealed. On the back of the Games, Queensland will bid for more than $60m in major sporting events, including the World Athletics Championships, to try to use the venues to reposition the Gold Coast as a major sporting destination. A report on the legacy of the Games will be completed in 2022. By then, all eyes will be on Birmingham.

Subject

ABC news item

Period

15 Apr 2018

Media contributions

1

Media contributions

Title

While the Commonwealth Games wrap up tonight, organises say ...

Degree of recognition

National

Media name/outlet

ABC News (Weekend)

Media type

Television

Duration/Length/Size

2min 38sec

Country

Australia

Date

15/04/18

Description

While the Commonwealth Games wrap up tonight, organises say they are confident the city will reap the benefits for years to come. The State has paid $1.5b to bring the Commonwealth Games to the Gold Coast. It says there are lasting benefits. The light rail system has been extended and the Athlete's Village will now be transformed into health and knowledge hub, featuring one of the world's most advance 3D printers. Others say the money could've been better spent. Dr Tom Heenan, Monash University, claims the State will not be able to recover the money it spent. There are also hopes a parallel trade and investment program will see relationships forged and business deals sealed. On the back of the Games, Queensland will bid for more than $60m in major sporting events, including the World Athletics Championships, to try to use the venues to reposition the Gold Coast as a major sporting destination. A report on the legacy of the Games will be completed in 2022. By then, all eyes will be on Birmingham.